Another Quarter of Double Digit Growth Drives Linamar Toward Another Record Year

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[{"type":"text","content":"\n\n\n\nAnother Quarter of Double Digit Growth Drives Linamar Toward Another Record Year\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen1{\nBORDER-TOP:0pt; BORDER-RIGHT:0pt; BORDER-COLLAPSE: COLLAPSE; BORDER-BOTTOM:0pt; BORDER-LEFT:0pt\n}\n.prngen4{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen5{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 1pt solid; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: RIGHT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen6{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: TOP; BORDER-BOTTOM:black 0pt; TEXT-ALIGN: LEFT; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prngen3{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnml20{\nMARGIN-LEFT:1.67em; MARGIN-TOP:0em; MARGIN-BOTTOM:0em\n}\n\n\n\n\n\n\n\nCanada NewsWire\nGUELPH, ON, Nov. 7, 2018\n\n\n\n(TSX: LNR)\n GUELPH, ON, Nov. 7, 2018 /CNW/ -\nSales increased 18.6% over the third quarter of  2017 (\"Q3 2017\") to reach $1.8 billion; Operating Earnings increased 13.7% over Q3 2017 to reach $161.4 million; Net Earnings up 5.5% and earnings per share, on a diluted basis, up 5.6% over Q3 2017 reaching $113.2 million and $1.71 respectively; Free cash flow continues to bring net debt levels down; Business wins tracking significantly over prior year period, strengthening launch book to over $4.5 billion; Strong content per vehicle growth in North America and Europe; Industrial segment sales up 86.2% and operating earnings up 121.3% thanks to the acquisition of MacDon, market share gains and strong volumes for access equipment at Skyjack; Industrial segment represents nearly 50% of ov...

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